Tag: Compliance

 As the firms assess the FCA’s final guidance on Consumer Duty, Aveni has warned some consider the regulation as the Treating Customers Fairly (TCF) mandate in disguise. Aveni has outlined four areas where Consumer Duty and TCF differ.

Risk screening and monitoring platform Sigma Ratings has secured a Series A investment round.  

UK-based Ruleguard, which supplies regulatory compliance to financial institutions, has received a £3.5m investment from Foresight Group.

 HyperComply, which automates security reviews and accelerates due diligence, has closed its seed round on $6.4m.

Founded in 2018, RegTech firm Aveni claims it is leading a new era of risk assurance by enabling 100% digitisation and automation of the quality assurance process. The firm analyses every customer interaction to drive enhanced data insights, comprehensive risk oversight and process automation.

Poland-based DoxyChain, which aims to fix traditional document management, has raised €2.2m from international investors to support its growth.

Steering committees help firms guide a body on a project from start to end, but what are they? Diligent has taken a look into the steering committee, what it is, the challenges it faces and the best practices.

With the rising level of money laundering regulations and fines, firms need to know what their requirements are. Electronic IDentification has released a report examining the AML Directives.

As an industry that is constantly bringing in new customers and transactions, the casino sector is a key target for criminals and money launderers, claims Alessa.

ORX, a global association of operational risk professionals, has launched the world’s first industry-wide Controls Library for operational risk.